#siren The $SIREN token has collapsed by over 60% on the Binance platform...
A quick overview of what just happened with $SIREN - it is in a sharp decline.
The token has dropped by approximately 60% in the past 24 hours and by 76% in the past month.
Yes... it is suffering from severe bleeding.
So, what is happening?
Here are the details:
1️⃣ No bans on tokens
🔹 Everything has been tradable since day one.
🔹 Big players could sell whenever they wanted - and it seems they did.
2️⃣ Whale selling
🔹 Insiders may have entered early, waited for the hype... then exited.
🔹 Retail traders fell into the trap of green candles.
3️⃣ No updates from Binance
🔹 No warnings. No announcements. Nothing.
🔹 Complete silence as the retail market declines.
4️⃣ Not the first time...
🔹 This has happened with other alpha tokens from Binance like ZKJ and KOGE as well.
🔹 The same pattern: pump → dump → massive buys.
If you are buying after the hype, you are not early...
You are the exit.
The lesson here: do not trust every offer blindly.
Always check the tokenomics, supplies, and opening slots before starting.